This is a simple Candlestick pattern
wherein the opening and closing price are the same or very nearly the same. The high
and low are generally not that far from the open and close and are also generally equal
distance from the opening and close. The color of the body is not of importance. |
A Doji which gaps above or below a white or black
candlestick, is usually a reversal signal with confirmation during the next trading
day. |
These candlesticks are not so important by themselves, but are read in
conjunction with other more meaningful patterns. |
They are also known as and confused with the Doji Star or Spinning Tops. |
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